This 780-square-foot commercial property at 115 Willow Street in Winchester, CT, presents a remarkable opportunity for a variety of businesses. Situated on a 0.1-acre lot in downtown Winsted, the building enjoys exceptional visibility from Main Street, benefiting from significant daily traffic flow. Currently configured as a monument company, the well-maintained structure offers a blend of office and garage space, providing flexibility for diverse uses. Potential occupants could include auto-related services (detailing, repair, tire sales), contractors (plumbing, electrical, HVAC), retail or showroom businesses (home improvement, specialty goods), professional offices (real estate, insurance, accounting), health and wellness providers (physical therapy, chiropractic), creative enterprises (studios, photography, design), or food service establishments (pet salon, takeout – burgers, hot dogs, tacos, ice cream). The property's location ensures easy access to local amenities and offers strong potential for customer engagement and advertising. This is a chance to establish or expand your business in a thriving community with a professional and well-maintained building. The asking price is $165,000.
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115 Willow St Winchester, CT 06098
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Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
Disclaimer
These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.
AI approach
Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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115 Willow St Winchester, CT 06098
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115 Willow St, Winchester, CT
Samantha Behm
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115 Willow St, Winchester, CT
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115 Willow St, Winchester, CT
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115 Willow St, Winchester, CT
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